PTL vs. LKOR ETF Comparison

Comparison of Northern Lights Fund Trust IV Inspire 500 ETF (PTL) to FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR)
PTL

Northern Lights Fund Trust IV Inspire 500 ETF

PTL Description

PTL is passively managed to invest in US large-cap stocks that align with the issuer's definition of biblical values and positive impact on the world, measured using various environmental, social, and governance criteria. The index provider analyzes publicly available and third-party data to assign a proprietary Impact Score to each eligible stock. The methodology excludes stocks with any degree of involvement in activities such as abortion, gambling, alcohol, tobacco, cannabis, stem cell research, in vitro fertilization, pornography, rights violations, and LGBT activism. The remaining stocks are scored based on how well they align with the issuer's values, considering factors including business ethics, employee wellbeing, customer welfare, product safety, ecological impact, and GHG emissions. The index selects the 500 highest-scoring stocks and weights them by market capitalization. Index components are reconstituted and rebalanced annually.

Grade (RS Rating)

Last Trade

$224.62

Average Daily Volume

7,636

Number of Holdings *

478

* may have additional holdings in another (foreign) market
LKOR

FlexShares Credit-Scored US Long Corporate Bond Index Fund

LKOR Description Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund is an exchange traded fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in fixed income markets of the United States. It invests in US-dollar denominated investment grade bonds of companies rated BBB or higher by S&P or Fitch or Baa3 or higher by Moody's and with maturities greater than or equal to ten years. The fund seeks to track the performance of the Northern Trust Credit-Scored US Long Corporate Bond Index, by employing representative sampling methodology. Flexshares Trust - FlexShares Credit-Scored US Long Corporate Bond Index Fund was formed on September 23, 2015 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$43.00

Average Daily Volume

6,834

Number of Holdings *

163

* may have additional holdings in another (foreign) market
Performance
Period PTL LKOR
30 Days 5.09% -0.56%
60 Days 5.71% -5.06%
90 Days 7.67% -3.66%
12 Months 9.17%
54 Overlapping Holdings
Symbol Grade Weight in PTL Weight in LKOR Overlap
AEE A 0.16% 0.24% 0.16%
AFL B 0.42% 0.12% 0.12%
AIG B 0.34% 0.23% 0.23%
ARE D 0.13% 0.18% 0.13%
ATO A 0.16% 0.23% 0.16%
AVGO D 5.22% 0.2% 0.2%
BWA D 0.05% 0.11% 0.05%
CAG D 0.09% 0.24% 0.09%
CCI D 0.31% 0.19% 0.19%
CMS C 0.14% 0.24% 0.14%
CPB D 0.1% 0.18% 0.1%
CSX B 0.47% 0.12% 0.12%
DG F 0.12% 0.11% 0.11%
DOV A 0.19% 0.24% 0.19%
ED D 0.23% 0.29% 0.23%
EFX F 0.22% 0.13% 0.13%
ELV F 0.67% 0.1% 0.1%
EMR A 0.5% 0.12% 0.12%
EXC C 0.26% 0.22% 0.22%
HAL C 0.2% 0.14% 0.14%
HD A 2.69% 0.19% 0.19%
IFF D 0.16% 0.12% 0.12%
JEF A 0.11% 0.26% 0.11%
KLAC D 0.58% 0.2% 0.2%
KMI A 0.43% 0.19% 0.19%
LH C 0.14% 0.23% 0.14%
LOW D 1.01% 0.25% 0.25%
LYB F 0.19% 0.23% 0.19%
MAS D 0.12% 0.11% 0.11%
MKL A 0.15% 0.24% 0.15%
MLM B 0.25% 0.11% 0.11%
MRO B 0.12% 0.22% 0.12%
NEM D 0.35% 0.24% 0.24%
NI A 0.11% 0.37% 0.11%
NNN D 0.06% 0.29% 0.06%
NSC B 0.42% 0.12% 0.12%
OC A 0.12% 0.11% 0.11%
OKE A 0.48% 0.24% 0.24%
OTIS C 0.25% 0.1% 0.1%
PCG A 0.31% 0.09% 0.09%
PGR A 1.06% 0.23% 0.23%
REG B 0.1% 0.11% 0.1%
REGN F 0.63% 0.17% 0.17%
RF A 0.17% 0.28% 0.17%
RPM A 0.12% 0.1% 0.1%
RPRX D 0.11% 0.09% 0.09%
SCCO F 0.52% 0.64% 0.52%
SHW A 0.65% 0.21% 0.21%
VRSK A 0.28% 0.1% 0.1%
VTR C 0.18% 0.12% 0.12%
WEC A 0.22% 0.24% 0.22%
WELL A 0.58% 0.12% 0.12%
WRB A 0.16% 0.23% 0.16%
XOM B 3.74% 0.12% 0.12%
PTL Overweight 424 Positions Relative to LKOR
Symbol Grade Weight
LIN D 1.49%
ISRG A 1.34%
QCOM F 1.24%
CAT B 1.22%
NEE D 1.08%
PLTR B 0.98%
PANW C 0.89%
ADP B 0.86%
ANET C 0.83%
UPS C 0.77%
PLD D 0.76%
APP B 0.76%
ICE C 0.62%
GEV B 0.62%
CTAS B 0.61%
PH A 0.61%
SNPS B 0.6%
WM A 0.6%
APH A 0.6%
MSTR C 0.58%
MRVL B 0.57%
EOG A 0.56%
FDX B 0.55%
COIN C 0.54%
IBKR A 0.53%
FTNT C 0.48%
ORLY B 0.47%
RSG A 0.46%
SLB C 0.44%
DLR B 0.43%
TTD B 0.43%
ROP B 0.42%
SPG B 0.41%
CEG D 0.41%
FANG D 0.4%
FCX D 0.4%
PSA D 0.4%
PCAR B 0.4%
DHI D 0.39%
FICO B 0.39%
MNST C 0.37%
CPRT A 0.37%
URI B 0.37%
AZO C 0.35%
PAYX C 0.35%
LNG B 0.35%
COR B 0.34%
FAST B 0.33%
VLO C 0.33%
LEN D 0.33%
PWR A 0.33%
OXY D 0.33%
ODFL B 0.33%
CVNA B 0.33%
VRT B 0.33%
KVUE A 0.32%
TRGP B 0.32%
DDOG A 0.32%
MSCI C 0.31%
BKR B 0.31%
AME A 0.31%
PEG A 0.3%
SNOW C 0.3%
CPNG D 0.3%
EW C 0.3%
IR B 0.29%
VST B 0.29%
DAL C 0.27%
VMC B 0.26%
IQV D 0.26%
GEHC F 0.26%
YUM B 0.25%
EXR D 0.25%
VEEV C 0.25%
RMD C 0.25%
IDXX F 0.25%
SYY B 0.24%
FCNCA A 0.24%
TPL A 0.24%
NUE C 0.24%
MCHP D 0.24%
OWL A 0.23%
DXCM D 0.23%
NET B 0.23%
CSGP D 0.23%
TTWO A 0.23%
BRO B 0.22%
ZS C 0.22%
ETR B 0.22%
IOT A 0.21%
ON D 0.21%
ANSS B 0.21%
KEYS A 0.2%
RKT F 0.2%
TW A 0.2%
EQR B 0.2%
DECK A 0.19%
NVR D 0.19%
MPWR F 0.19%
PHM D 0.19%
AWK D 0.19%
TSCO D 0.19%
DVN F 0.18%
VLTO D 0.18%
CPAY A 0.18%
TYL B 0.18%
ADM D 0.18%
EME C 0.17%
ROL B 0.17%
MTD D 0.17%
DTE C 0.17%
NTAP C 0.17%
CBOE B 0.16%
WY D 0.16%
TKO B 0.16%
TOST B 0.16%
LII A 0.16%
AFRM B 0.16%
SBAC D 0.16%
TSN B 0.16%
WST C 0.16%
FE C 0.16%
HUBB B 0.16%
GFS C 0.16%
CINF A 0.16%
CDW F 0.16%
STE F 0.15%
BLDR D 0.15%
MKC D 0.15%
IP B 0.15%
STLD B 0.15%
WDC D 0.15%
INVH D 0.15%
WSM B 0.15%
ERIE D 0.15%
ES D 0.15%
PKG A 0.15%
WSO A 0.15%
MDB C 0.15%
CSL C 0.14%
FSLR F 0.14%
CTRA B 0.14%
CNP B 0.14%
UI A 0.14%
ESS B 0.14%
NTNX A 0.13%
HOLX D 0.13%
SSNC B 0.13%
XPO B 0.13%
SNA A 0.13%
L A 0.13%
JBHT C 0.13%
PODD C 0.13%
MAA B 0.13%
CHWY B 0.12%
USFD A 0.12%
IEX B 0.12%
TRMB B 0.12%
GPC D 0.12%
SUI D 0.12%
NWSA B 0.12%
RS B 0.12%
ALGN D 0.12%
TER D 0.12%
BAX D 0.12%
CRBG B 0.12%
NRG B 0.12%
RYAN B 0.12%
MOH F 0.12%
GEN B 0.12%
CASY A 0.11%
DOCU A 0.11%
RGA A 0.11%
FLEX A 0.11%
SMMT D 0.11%
TOL B 0.11%
COHR B 0.11%
ENTG D 0.11%
GWRE A 0.11%
BSY D 0.11%
UTHR C 0.11%
CF B 0.11%
J F 0.11%
WLK D 0.11%
EXPD D 0.11%
FIX A 0.11%
SMCI F 0.11%
MANH D 0.11%
CLH B 0.1%
POOL C 0.1%
SFM A 0.1%
INCY C 0.1%
RVTY F 0.1%
ELS C 0.1%
UHS D 0.1%
FFIV B 0.1%
AGR B 0.1%
DLTR F 0.1%
AMH D 0.1%
NDSN B 0.1%
GGG B 0.1%
DOC D 0.1%
THC D 0.1%
EVRG A 0.1%
EWBC A 0.1%
UDR B 0.1%
DT C 0.1%
SAIA B 0.1%
KMX B 0.09%
TXRH C 0.09%
JKHY D 0.09%
SOLV C 0.09%
SCI B 0.09%
WPC D 0.09%
BG F 0.09%
PFGC B 0.09%
OVV B 0.09%
OKTA C 0.09%
HST C 0.09%
INSM C 0.09%
LAMR D 0.09%
BXP D 0.09%
PR B 0.09%
SN D 0.09%
HLI B 0.09%
PAYC B 0.09%
NBIX C 0.09%
CPT B 0.09%
CW B 0.09%
EPAM C 0.09%
EDR A 0.09%
JBL B 0.09%
DVA B 0.09%
SWKS F 0.09%
MUSA A 0.08%
PCTY B 0.08%
AA B 0.08%
FND C 0.08%
BLD D 0.08%
CUBE D 0.08%
KNSL B 0.08%
ATR B 0.08%
MTZ B 0.08%
PCVX D 0.08%
ACI C 0.08%
GMED A 0.08%
BJ A 0.08%
FHN A 0.08%
LECO B 0.08%
LW C 0.08%
MEDP D 0.08%
PPC C 0.08%
SF B 0.08%
EVR B 0.08%
JNPR F 0.08%
AFG A 0.08%
RRX B 0.08%
ITT A 0.08%
CHRW C 0.08%
UHAL D 0.08%
ALB C 0.08%
BIO D 0.07%
ITCI C 0.07%
LAD A 0.07%
BRBR A 0.07%
ALSN B 0.07%
RBC A 0.07%
FRT B 0.07%
EHC B 0.07%
PNFP B 0.07%
DOX D 0.07%
AYI B 0.07%
RVMD C 0.07%
AOS F 0.07%
REXR F 0.07%
RGLD C 0.07%
CACI D 0.07%
ORI A 0.07%
PRI A 0.07%
PEN B 0.07%
KNTK B 0.07%
WING D 0.07%
WMS D 0.07%
AR B 0.07%
CFLT B 0.07%
DTM B 0.07%
UWMC D 0.07%
GNRC B 0.07%
GL B 0.07%
AAON B 0.07%
WAL B 0.07%
CR A 0.07%
AIT A 0.07%
HLNE B 0.07%
MLI C 0.07%
PCOR B 0.07%
LBRDA C 0.07%
EXP A 0.07%
MKTX D 0.07%
EXEL B 0.07%
WCC B 0.07%
OHI C 0.07%
SEIC B 0.07%
PAG B 0.07%
COKE C 0.07%
PNW B 0.07%
GTLB B 0.07%
GME C 0.07%
WBS A 0.07%
TTEK F 0.07%
BWXT B 0.07%
WTRG B 0.07%
CCK C 0.07%
APG B 0.07%
TREX C 0.06%
ONTO D 0.06%
RLI B 0.06%
BRKR D 0.06%
BERY B 0.06%
OLED D 0.06%
PB A 0.06%
INFA D 0.06%
CHE D 0.06%
TTC D 0.06%
RRC B 0.06%
SSB B 0.06%
APPF B 0.06%
MHK D 0.06%
OGE B 0.06%
CHRD D 0.06%
EGP F 0.06%
APA D 0.06%
AUR C 0.06%
FYBR D 0.06%
DINO D 0.06%
HESM B 0.06%
HQY B 0.06%
ENSG D 0.06%
MTSI B 0.06%
AXTA A 0.06%
CRS A 0.06%
PLNT A 0.06%
GPK C 0.06%
SUM B 0.06%
ALTR B 0.06%
WTFC A 0.06%
FLR B 0.06%
ROIV C 0.06%
ZION B 0.06%
DCI B 0.06%
KNX B 0.06%
FBIN D 0.06%
CIEN B 0.06%
FOUR B 0.06%
CFR B 0.06%
BRX A 0.06%
S B 0.06%
ENPH F 0.06%
TPX B 0.06%
ESTC C 0.06%
CNM D 0.06%
SITE D 0.05%
AN C 0.05%
AMKR D 0.05%
COLD D 0.05%
CGNX C 0.05%
MTH D 0.05%
SATS D 0.05%
NUVL D 0.05%
AGCO D 0.05%
WFRD D 0.05%
WSC D 0.05%
GNTX C 0.05%
STAG F 0.05%
SPSC C 0.05%
WTS B 0.05%
CELH F 0.05%
STWD C 0.05%
ATI D 0.05%
NPAB B 0.05%
HCP B 0.05%
PATH C 0.05%
FCN D 0.05%
FR C 0.05%
MTN C 0.05%
MSA D 0.05%
LSCC D 0.05%
WEX D 0.05%
RHI B 0.05%
AM A 0.05%
GAP C 0.05%
DLB B 0.05%
TMHC B 0.05%
JAZZ B 0.05%
KBR F 0.05%
BOKF B 0.05%
MIDD C 0.05%
SSD D 0.05%
GKOS B 0.05%
LPX B 0.05%
MKSI C 0.05%
ADC B 0.05%
VNO B 0.05%
FRPT B 0.05%
AGNC D 0.05%
RGEN D 0.05%
G B 0.05%
KEX C 0.05%
U C 0.05%
UFPI B 0.05%
SAIC F 0.04%
IBP D 0.04%
ESNT D 0.04%
LNTH D 0.04%
TRNO F 0.04%
ARW D 0.04%
VKTX F 0.04%
LSTR D 0.04%
ELAN D 0.04%
QRVO F 0.04%
BFAM D 0.04%
POST C 0.04%
ACHC F 0.03%
LCID F 0.03%
PTL Underweight 109 Positions Relative to LKOR
Symbol Grade Weight
PM B -0.7%
ACGL D -0.55%
DUK C -0.5%
HSBC B -0.48%
LNT A -0.4%
V A -0.4%
FITB A -0.39%
KOF F -0.37%
INTC D -0.37%
BA F -0.37%
HPE B -0.37%
CVS D -0.36%
GILD C -0.35%
ABBV D -0.33%
DOW F -0.32%
CAH B -0.31%
CP D -0.29%
AEP D -0.28%
TEL B -0.28%
AMT D -0.27%
KMB D -0.26%
MMM D -0.26%
NOC D -0.26%
CHTR C -0.26%
HON B -0.25%
ORCL B -0.25%
WFC A -0.25%
MMC B -0.24%
GWW B -0.24%
BHP F -0.24%
CMCSA B -0.24%
HCA F -0.24%
KDP D -0.24%
HPQ B -0.24%
LMT D -0.24%
FOXA B -0.24%
IBM C -0.23%
MCK B -0.23%
TXN C -0.23%
BDX F -0.23%
SBUX A -0.23%
AMGN D -0.23%
CSCO B -0.23%
BAC A -0.23%
D C -0.23%
MA C -0.22%
VMI B -0.22%
EL F -0.21%
NVDA C -0.21%
SRE A -0.21%
GS A -0.21%
EIX B -0.21%
C A -0.21%
EG C -0.2%
HIG B -0.2%
PAA B -0.2%
MO A -0.2%
STZ D -0.19%
NDAQ A -0.19%
ZTS D -0.19%
KO D -0.19%
LEA D -0.18%
EBAY D -0.18%
AIZ A -0.18%
AMZN C -0.18%
EPD A -0.18%
VZ C -0.18%
AAPL C -0.17%
SPGI C -0.16%
UNP C -0.16%
UNH C -0.16%
MS A -0.14%
MET A -0.14%
JCI C -0.13%
APTV D -0.13%
HAS D -0.13%
AON A -0.13%
GM B -0.13%
TT A -0.12%
GOOGL C -0.12%
IPG D -0.12%
MCO B -0.12%
JNJ D -0.12%
MCD D -0.12%
PRU A -0.11%
CHD B -0.11%
RJF A -0.11%
FMC D -0.11%
SO D -0.11%
BABA D -0.11%
KIM A -0.1%
SJM D -0.1%
DHR F -0.1%
WBA F -0.1%
BHF B -0.1%
WTW B -0.1%
GLW B -0.1%
MSFT F -0.1%
MDLZ F -0.09%
EA A -0.09%
BIIB F -0.09%
JPM A -0.09%
T A -0.09%
HUM C -0.07%
ITW B -0.06%
SIGI C -0.06%
LHX C -0.05%
FTV C -0.05%
ALL A -0.04%
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